FHFA experts provide reliable data, including all states, about activity in the U.S. mortgage market through its House Price Index, Refinance Report, Foreclosure Prevention Report, and Performance Report.​

Key Topics

Key Topics pages provide information about FHFA's work on a range of issues facing the nation and highlight the most relevant related news releases, reports, statements and web pages on the respective topics.

Meet the Director

The Honorable Melvin L. Watt of Charlotte, NC sworn in on January 6th to a 5-year term as the first Senate-confirmed Director of FHFA.

Foreclosure Prevention Report - May 2014

Published:
8/5/2014

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​​May 2014 Highlights

​​The Enterprises' Foreclosure Prevention Actions:

Fannie Mae and Freddie Mac completed approximately 26,400 foreclosure prevention actions in May, bringing the total foreclosure prevention actions to more than 3.2 million since the start of conservatorship in 2008. Half of these actions have been permanent loan modifications.

There were more than 16,000 permanent loan modifications in May, down 10 percent from April.

Approximately 25 percent of all permanent loan modifications in May included principal forbearance.

There were nearly 4,800 completed short sales and deeds-in-lieu in May, down 4 percent from April.

The Enterprises' Mortgag​e Performance:

The serious delinquency rate dropped to 2.09 percent at the end of May, from 2.14 percent in April.